ARCHIVE // GB // 1998

Isle of Man

1998 Edition — crown_dependency

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Economy
Agricultural products (Agriculture-products) [time series]
cereals, vegetables; cattle, sheep, pigs, poultry
Budget [time series]
revenues: $333.7 million expenditures: $333.5 million, including capital expenditures of $NA (FY94/95 est.)
Exchange rates (Currency) [time series]
1 Manx pound (£M) = 100 pence
Debt - external (Debt-external) [time series]
$NA
Economic aid [time series]
recipient: ODA, $NA
Economic overview (Economy-overview) [time series]
Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Banking and other services now contribute more than half to GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets.
Electricity - capacity (Electricity-capacity) [time series]
NA kW
Electricity - consumption per capita (Electricity-consumption per capita) [time series]
NA kWh
Electricity - production (Electricity-production) [time series]
NA kWh
Exchange rates [time series]
Manx pounds (£M) per US$1-0.6115 (January 1998), 0.6106 (1997), 0.6403 (1996), 0.6335 (1995), 0.6529 (1994), 0.6658 (1993); the Manx pound is at par with the British pound
Exports [time series]
$NA commodities: tweeds, herring, processed shellfish, beef, lamb partners: UK
Fiscal year [time series]
1 April-31 March Communications
Real GDP (purchasing power parity) (GDP) [time series]
purchasing power parity-$780 million (1994 est.)
GDP - composition, by sector of origin (GDP-composition by sector) [time series]
agriculture: NA% industry: NA% services: NA%
Real GDP per capita (GDP-per capita) [time series]
purchasing power parity-$10,800 (1994 est.)
Real GDP growth rate (GDP-real growth rate) [time series]
NA%
Imports [time series]
$NA commodities: timber, fertilizers, fish partners: UK
Industrial production growth rate [time series]
NA%
Industries [time series]
financial services, light manufacturing, tourism
Inflation rate (consumer prices) (Inflation rate-consumer price index) [time series]
2% (1996 est.)
Labor force [time series]
total: 33,577 (1996) by occupation: manufacturing 11%, construction 10%, transport and communication 8%, retail distribution 9%, professional and scientific services 18%, public administration 6%, banking and finance 18%
Broadcast media (Radio broadcast stations) [time series]
AM 1, FM 4, shortwave 0
Radios [time series]
NA
Telecommunication systems (Telephone system) [time series]
domestic: NA international: NA
Telephones - fixed lines (Telephones) [time series]
46,000 (1996)
Broadcast media (Television broadcast stations) [time series]
4
Televisions [time series]
24,450 licenses (1996)
Unemployment rate [time series]
2% (1996 est.)
Geography
Area [time series]
total: 588 sq km land: 588 sq km water: 0 sq km
Area - comparative (Area-comparative) [time series]
slightly more than three times the size of Washington, DC
Climate [time series]
cool summers and mild winters; humid; overcast about half the time
Coastline [time series]
113 km
Elevation (Elevation extremes) [time series]
lowest point: Irish Sea 0 m highest point: Snaefell 620 m
Environment - current issues (Environment-current issues) [time series]
NA
International environmental agreements (Environment-international agreements) [time series]
party to: NA signed, but not ratified: NA
Geographic coordinates [time series]
54 15 N, 4 30 W
Geography - note (Geography-note) [time series]
one small islet, the Calf of Man, lies to the southwest, and is a bird sanctuary
Irrigated land [time series]
NA sq km
Land boundaries [time series]
0 km
Land use [time series]
arable land: NA% permanent crops: NA% permanent pastures: NA% forests and woodland: NA% other: NA% (extensive arable land and forests)
Location [time series]
Western Europe, island in the Irish Sea, between Great Britain and Ireland
Map references [time series]
Europe
Maritime claims [time series]
exclusive fishing zone: 12 nm territorial sea: 12 nm
Natural hazards [time series]
NA
Natural resources [time series]
lead, iron ore
Terrain [time series]
hills in north and south bisected by central valley
Government
Administrative divisions [time series]
none (British crown dependency)
Constitution [time series]
1961, Isle of Man Constitution Act
Country name [time series]
conventional long form: none conventional short form: Isle of Man
Data code [time series]
IM
Dependency status [time series]
British crown dependency
Diplomatic representation from the US [time series]
none (British crown dependency)
Diplomatic representation in the US [time series]
none (British crown dependency)
Executive branch [time series]
chief of state: Lord of Mann Queen ELIZABETH II of the UK (since 6 February 1952), represented by Lieutenant Governor His Excellency Sir Timothy DAUNT (since NA 1995) head of government: President of the Tynwald and the Legislative Council Sir Charles KERRUISH (since NA 1990) cabinet: Council of Ministers elections: the queen is a hereditary monarch; lieutenant governor appointed by the queen for a five-year term; president of the Legislative Council elected by the Tynwald for a five-year term; election last held NA (next to be held NA) election results: Sir Charles KERRUISH elected president of the Legislative Council; percent of legislative vote-NA
Flag (Flag description) [time series]
red with the Three Legs of Man emblem (Trinacria), in the center; the three legs are joined at the thigh and bent at the knee; in order to have the toes pointing clockwise on both sides of the flag, a two-sided emblem is used
Government type [time series]
NA
Independence [time series]
none (British crown dependency)
International organization participation [time series]
none
Judicial branch [time series]
High Court of Justice, justices are appointed by the Lord Chancellor of England on the nomination of the lieutenant governor
Legal system [time series]
English law and local statute
Legislative branch [time series]
bicameral Tynwald consists of the Legislative Council (a 10-member body composed of the Lord Bishop of Sodor and Man, a nonvoting attorney general, and 8 others named by the House of Keys) and the House of Keys (24 seats; members are elected by popular vote to serve five-year terms) elections: House of Keys-last held 21 November 1996 (next to be held NA 2001) election results: House of Keys-percent of vote by party-NA; seats by party-independents 24
Capital (National capital) [time series]
Douglas
National holiday [time series]
Tynwald Day, 5 July
Political parties (Political parties and leaders) [time series]
there is no party system; members sit as independents
Suffrage [time series]
21 years of age; universal
Military
Military - note (Military-note) [time series]
defense is the responsibility of the UK
People
Age structure [time series]
0-14 years: 18% (male 6,790; female 6,510) 15-64 years: 65% (male 24,466; female 24,366) 65 years and over: 17% (male 5,168; female 7,821) (July 1998 est.)
Birth rate [time series]
12.49 births/1,000 population (1998 est.)
Death rate [time series]
11.69 deaths/1,000 population (1998 est.)
Ethnic groups [time series]
Manx (Norse-Celtic descent), Briton
Infant mortality rate [time series]
2.42 deaths/1,000 live births (1998 est.)
Languages [time series]
English, Manx Gaelic
Life expectancy at birth [time series]
total population: 77.57 years male: 74.04 years female: 81.28 years (1998 est.)
Literacy [time series]
NA
Nationality [time series]
noun: Manxman, Manxwoman adjective: Manx
Net migration rate [time series]
7.1 migrant(s)/1,000 population (1998 est.)
Population [time series]
75,121 (July 1998 est.)
Population growth rate [time series]
0.79% (1998 est.)
Religions [time series]
Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of Friends
Sex ratio [time series]
at birth: 1.05 male(s)/female under 15 years: 1.04 male(s)/female 15-64 years: 1 male(s)/female 65 years and over: 0.66 male(s)/female (1998 est.)
Total fertility rate [time series]
1.67 children born/woman (1998 est.)
Transnational Issues
Disputes - international (Disputes-international) [time series]
none MARSHALL ISLANDS
Transportation
Airports [time series]
1 (1997 est.)
Airports - with paved runways (Airports-with paved runways) [time series]
total: 1 1,524 to 2,437 m: 1 (1997 est.)
Roadways (Highways) [time series]
total: 640 km paved: 320 km unpaved: 320 km
Merchant marine [time series]
total: 140 ships (1,000 GRT or over) totaling 4,481,925 GRT/7,663,593 DWT ships by type: bulk 28, cargo 8, chemical tanker 8, combination bulk 3, container 14, liquefied gas tanker 9, oil tanker 46, passenger 2, railroad carrier 1, refrigerated cargo 3, roll-on/roll-off cargo 15, short-sea passenger 1, vehicle carrier 2 note: a flag of convenience registry; UK owns 11 ships, Switzerland 2, South Africa 1, Denmark 1, Sweden 1, Belgium 1, and Netherlands 1 (1997 est.)
Ports (Ports and harbors) [time series]
Castletown, Douglas, Peel, Ramsey
Railways [time series]
total: 52 km (27 km electrified)